It confirms the club on website. The 55-year-old is half Russian and half Israeli and has been the owner of the London club since 2003.
– Today I give a trustee to the Chelsea charitable foundation the management and care of Chelsea FC. I believe that they are currently in the best position to safeguard the interests of the club, the players, staff and fans, stated in a statement from Arbamovich.
Last year, he was ranked by Forbes magazine, as the 142nd richest person in the world. Previously, he was in the 15th position on the list.
– I believe that the club is in the best position to do what is best for the players, coaching staff and supporters, continued Abramovich.
Known for his good relationship with Putin
Russia bought the club for around NOK 1.5 billion in 2003, and has made Chelsea one of the biggest clubs in the world. The London club have won 17 major titles since the Russian oligarch joined the club.
In England, there has been debate in recent days about Abramovich’s role at the club. The Russian owner is known to have good relations with President Vladimir Putin.
Britain on Thursday announced a series of sanctions against Russia and the circle around the president.
Both Russian companies and private individuals will be barred from taking out loans in the UK, and an upper limit on how much money Russian citizens can keep in UK bank accounts will be imposed, Boris Johnson announced in a press release.
It was proposed to refuse Abramovich to stay in England
After Russian troops entered Ukraine on Thursday, Labor politician Chris Bryant on Friday asked if Abramovich should be allowed to own a football club.
A leaked document from the authorities suggested that he should not stay in the UK. It writes Sky Sports.
Chelsea meet Liverpool in the league cup final on Sunday. At his pre-match press conference, manager Thomas Tuchel admitted he understands the criticism of Abramovich.
– It bothers us and worries us. “I can understand that to some extent and I can understand the criticism from the club,” said Tuchel.
The Chelsea FC Foundation, which took over the responsibility, consisted of John Devine, Paul Ramos, Piara Powar, Emma Hayes, Sir Hugh Robertson and Bruce Buck.
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